Alliance Holdings GP, L.P. (AHGP) Given Daily News Impact Score of 0.22
Media coverage about Alliance Holdings GP, L.P. (NASDAQ:AHGP) has trended somewhat positive on Friday, according to Alpha One Sentiment. The research firm, a subsidiary of Accern, identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Alliance Holdings GP, L.P. earned a news sentiment score of 0.22 on Alpha One’s scale. Alpha One also assigned news stories about the energy company an impact score of 50 out of 100, indicating that recent news coverage is somewhat likely to have an effect on the company’s share price in the immediate future.
Shares of Alliance Holdings GP, L.P. (NASDAQ:AHGP) opened at 28.21 on Friday. The company’s 50-day moving average price is $28.36 and its 200-day moving average price is $28.70. Alliance Holdings GP, L.P. has a one year low of $16.00 and a one year high of $32.70. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of 8.04 and a beta of 0.40.
Alliance Holdings GP, L.P. (NASDAQ:AHGP) last released its quarterly earnings results on Monday, May 1st. The energy company reported $0.92 earnings per share for the quarter, beating the consensus estimate of $0.81 by $0.11. The firm had revenue of $461 million for the quarter, compared to analysts’ expectations of $477.40 million. Alliance Holdings GP, L.P. had a return on equity of 18.75% and a net margin of 9.63%. The company’s revenue was up 11.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.96 EPS. On average, equities research analysts predict that Alliance Holdings GP, L.P. will post $3.16 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Friday, May 19th. Stockholders of record on Friday, May 12th will be issued a dividend of $0.55 per share. The ex-dividend date of this dividend is Wednesday, May 10th. This represents a $2.20 annualized dividend and a dividend yield of 7.80%. Alliance Holdings GP, L.P.’s payout ratio is 70.74%.
Separately, Zacks Investment Research upgraded Alliance Holdings GP, L.P. from a “hold” rating to a “strong-buy” rating and set a $34.00 target price on the stock in a report on Thursday, February 2nd.
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Alliance Holdings GP, L.P. Company Profile
Alliance Holdings GP, L.P. (AHGP) is a limited partnership company. The Company owns directly and indirectly the members’ interest in Alliance Resource Management GP, LLC (MGP), the managing general partner of Alliance Resource Partners, L.P. (ARLP). The Company’s segments include Illinois Basin, Appalachia, and Other and Corporate.
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